Mobile wallet app Isis changing name amid ISIS terrorism


(CNN) — Isis, the mobile wallet service, founded by AT&T, Verizon and T-mobile has a branding problem.

Isis CEO Michael Abbott said Monday that the firm is changing its name to avoid association with the Islamic State of Iraq and Syria. That’s the terrorist group frequently referred to by the acronym ISIS.

In a statement, Abbot said they have no interest in sharing a name with a group whose name has become synonymous with violence.

He added their hearts go out to those who are suffering.

A new name has yet to be announced. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. If you see an inappropriate comment, please flag it for our moderators to review.

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